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21918 Ocean Avenue

21918 Ocean Avenue, Torrance, CA 90503
House in Southwood
Sold Apr 14, 2022
$1,508,000
$808,000 by Onewest Bank
Mortgage Due May 01, 2052
Sold Jan 13, 2022
$1,150,000
$900,000 by He Tao
Mortgage
21918 Ocean Avenue in Torrance, CA was first built in 1956 and is 68 years old. Although, the building on the property was most recently renovated and altered in 1958. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 21918 Ocean Avenue has 1,637 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 540 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 5,318 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a spa or hot tub but no pool on the property. The home has a gable style roof made of composition shingle. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 21918 Ocean Avenue sold most recently in Mar 29, 2022 for a total of $1,508,000. If you work out the math, that's approximately a cost of $921.20 per sqft. Before that, the property was also sold for $1,150,000 in Jan 6, 2022. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,699 in taxes each year. 21918 Ocean Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,538,160. If we break it down further, the land itself was valued at $1,230,528. Improvements to the property, however, were assessed at a total of $307,632. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 5,318
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 540
  • Total Building Area: 1,637
  • Building Area: 1,637
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,637
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 21676
  • Land Acres: 0.122
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 21676 LOT/SEC 66

Ownership

  • Current Owner : CHIN ANDREW YING
  • Current Owner 2: CHIN MEI WAI
  • Previous Owner : W & Z REALTY GROUP LLC
  • Owner Before Previous Owner: HAROLD AND ANNETTE MAYS FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Torrance Unified School District
  • Census Tract: 650701

Zoning

  • Zoning: TORR-LO

Geography

  • Assessors Map Reference: 68-A4
  • Subdivision Tract Number: 21676
  • Parcel: 7366-004-002
  • Lot: 66
  • Municipality: SOUTH /W. TORRANCE SFR
  • Latitude: 33.8288
  • Longitude: -118.355

    Address

  • Full Address: 21918 Ocean Ave
  • Address - House Number: 21918
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Torrance
  • Carrier Code: C009
  • 4-Digit Zip Code: 6945
  • Zip Code: 90503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,699
  • Tax Rate Code Area: 09-340

    Appraisal Valuation

  • Standard Deviation: 0.2173
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,307,739
  • High Value: 1,591,929
  • Low Value: 1,023,549

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $808,000
  • First Open Lien Mortgage Lender: ONEWEST BANK
  • First Open Lien Mortgage Recording Date: Apr 14, 2022
  • First Open Lien Mortgage Loan Amount: $808,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,538,160
  • Assessed Land Value: $1,230,528
  • Assessed Improvements Value: $307,632

    Sales

  • Current Sale Contract Date: Mar 29, 2022
  • Current Sale Recording Date: Apr 14, 2022
  • Current Sale Transaction ID: 11884647297
  • Current Sale Price: $1,508,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 414241
  • Previous Sale Recording Date: Jan 13, 2022
  • Previous Sale Contract Date: Jan 06, 2022
  • Previous Sale Amount: $1,150,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ONEWEST BANK
  • First Mortgage Transaction Date: Apr 14, 2022
  • First Mortgage Loan Amount: $808,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: HE TAO
  • Previous Mortgage Transaction Date: Jan 13, 2022
  • Previous Mortgage Loan Amount: $900,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Torrance



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Frequently Asked Questions

What neighborhood is 21918 Ocean Avenue located in?
The 21918 Ocean Avenue is a house located in the neighborhood of Southwood in Torrance, Torrance.
What is the average sales price for listings in 21918 Ocean Avenue?
The average sales price for units in 21918 Ocean Avenue is $1,199,000 , or $732/sqft. currently.

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